SEMINARS

LatEST BBS* @CEBRIG
February 25, 2021
by Kevin Pineda-Hernandez
"Collective Bargaining, Poverty and Welfare State Among Developed Countries: A Reassessment"
Discussant: Céline Piton
​On Microsoft Teams
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latest rsaem* @cebrig

​March 18, 2021
by Anne Boring (Erasmus School of Economics, Rotterdam)
"Improving Student Evaluations of Teaching"
On Microsoft Teams
*If you wish to participate to any of those events, you can contact brune.goguillon@ulb.be
 

PRESS

MAREK HUDON
ALICIA DIPIERRI

LA LIBRE

"Un regard décalé sur des modèles économiques alternatifs sérieux"

BX1

"Autrement : initier les jeunes à l’économie circulaire grâce au théâtre et à la vidéo"

ANASTASIA COZARENCO
ARIANE SZAFARZ

the conversation

"Microcrédit : même bien intentionnée, la réglementation peut éloigner des objectifs sociaux"
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SANDRA ROTHENBERGER

LE VIF WEEKEND
 

PUBLICATIONS

latest PUBLISHED WORKING PAPERS

WP-CEB: N°21-001

SIMON CORNEE, Marc jegers &
​Ariane Szafarz

"Feasible Institutions of Social Finance: A Taxonomy"

WP-CEB: N°20-013

JEAN LUC DEMEULEMEESTER

"De quelques préconditions à la liberté académique"

OUR ACTIVITY REPORTS

BOOKS

UCB
The First Ninety Years 1928-2018
​
by Kenneth Bertrams
Editions Lannoo
2019
Is Corruption Curable ?

by Khalid Sekkat
Palgrave Macmillan
​2018 
 

AWARDs

2019 WARREN SAMUELS PRIZE

Photo
Anastasia Cozarenco
Photo
Valentina Hartarska
Photo
Ariane Szafarz
CEB and CERMi are proud to announce that the 2019 Warren Samuels Prize was awarded to the article “Too Many Cooks Spoil the Broth: The Conflicting Impacts of Subsidies and Deposits on the Cost-Efficiency of Microfinance Institutions” authored by Anastasia Cozarenco (Montpellier Business School, France, and CERMi), Valentina Hartarska (Auburn University, USA) and Ariane Szafarz (ULB, SBS-EM, Centre Emile Bernheim, and CERMi, Belgium).
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The Warren Samuels Prize is awarded by the Association for Social Economics (ASE) to a paper, presented at the Allied Social Science Associations (ASSA) Meetings, that best exemplifies scholarly work that is of high quality, is important to the project of social economics, and has broad appeal across disciplines.
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The rewarded article evaluates how subsidies affect the cost-efficiency of microfinance institutions (MFIs) while accounting for endogenous self-selection into the business models of credit-only versus credit-plus-deposit MFIs. The findings suggest that unsubsidized credit-plus-deposit MFIs have achieved optimal capacity and therefore constitute the most cost-efficient group of institutions. In addition, the unsubsidized credit-only MFIs are the farthest away from their minimum cost. Between the two polar cases, there are subsidized institutions, among which the credit-only ones are closer to optimal capacity. The results reveal the redundancy between subsidization and deposit-taking in microfinance. Combining funds from donors and depositors tends to harm cost-efficiency.
Last update
16.02.21